Bank Julius Baer & Co. Ltd Zurich Has $10.98 Million Position in iShares BB Rated Corporate Bond ETF (NYSEARCA:HYBB)

Bank Julius Baer & Co. Ltd Zurich lifted its holdings in iShares BB Rated Corporate Bond ETF (NYSEARCA:HYBB) by 7.4% in the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 216,300 shares of the company’s stock after purchasing an additional 14,945 shares during the quarter. Bank Julius Baer & Co. Ltd Zurich owned about 2.59% of iShares BB Rated Corporate Bond ETF worth $10,980,000 as of its most recent SEC filing.

Other large investors have also bought and sold shares of the company. WFA of San Diego LLC raised its stake in iShares BB Rated Corporate Bond ETF by 5.9% in the third quarter. WFA of San Diego LLC now owns 4,719 shares of the company’s stock valued at $223,000 after buying an additional 264 shares during the period. Heritage Family Offices LLP lifted its holdings in iShares BB Rated Corporate Bond ETF by 11.4% during the 4th quarter. Heritage Family Offices LLP now owns 10,731 shares of the company’s stock valued at $494,000 after purchasing an additional 1,101 shares during the last quarter. Fiduciary Financial Group LLC boosted its position in iShares BB Rated Corporate Bond ETF by 18.1% during the fourth quarter. Fiduciary Financial Group LLC now owns 11,919 shares of the company’s stock worth $547,000 after purchasing an additional 1,829 shares during the period. Laffer Tengler Investments Inc. increased its holdings in shares of iShares BB Rated Corporate Bond ETF by 9.5% in the fourth quarter. Laffer Tengler Investments Inc. now owns 13,479 shares of the company’s stock valued at $620,000 after purchasing an additional 1,164 shares during the last quarter. Finally, Bank of New York Mellon Corp raised its position in shares of iShares BB Rated Corporate Bond ETF by 30.2% in the fourth quarter. Bank of New York Mellon Corp now owns 13,783 shares of the company’s stock valued at $634,000 after purchasing an additional 3,194 shares during the period.

iShares BB Rated Corporate Bond ETF Stock Performance

Shares of HYBB stock opened at $46.57 on Friday. iShares BB Rated Corporate Bond ETF has a 52 week low of $45.06 and a 52 week high of $47.42. The company has a market capitalization of $395.85 million, a price-to-earnings ratio of 59.99 and a beta of 0.41. The company has a 50-day simple moving average of $46.41 and a 200 day simple moving average of $46.62.

iShares BB Rated Corporate Bond ETF Profile

The iShares BB Rated Corporate Bond ETF (HYBB) is an exchange-traded fund that mostly invests in high yield fixed income. The fund tracks a market value-weighted index that only includes bonds with a credit rating of BB. HYBB was launched on Oct 6, 2020 and is managed by BlackRock.